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2951 US Highway 220
Madison, NC 27025
Dollar General - 5.5 Yrs - Abs. NNN · Retail Property For Sale
Investment Highlights
- 5.5 Years of Guaranteed Lease Term Remaining (Lease Exp: 10/31/2031)
- Absolute NNN Lease with ZERO Management Responsibilities
- Upgraded Construction | 4-Lane Highway | Traffic Counts of 26,133 Vehicles Per Day
- 2016 Build to Suit Construction | 9,100 SF Building on 8.22 Acre Parcel
- 4-Lane Highway | Traffic Counts of 26,133 Vehicles Per Day
- 21 Miles to Greensboro, NC; 26 Miles to Winston-Salem, NC; 76 Miles to Durham, NC; 98 Miles to Raleigh, NC; 111 Miles to Charlotte, NC
Executive Summary
Schuchert Retail Group and Wayne Troxler (Guilford Realty Group Inc.) are pleased to exclusively present for sale the 9,100 SF Dollar General located at 2951 US Hwy 220, Madison, NC 27025.
In Conjunction With: Wayne Troxler (Guilford Realty Group Inc.)
NC License #110069
In Conjunction With: Wayne Troxler (Guilford Realty Group Inc.)
NC License #110069
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
9,100 SF
Building Class
B
Year Built
2016
Price
$1,387,957
Price Per SF
$152.52
Cap Rate
7%
NOI
$97,157
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
8.22 AC
Zoning
RES AG HWY
Parking
37 Spaces (4.07 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 79230119571000 | Improvements Assessment | $1,047,586 |
| Land Assessment | $247,227 | Total Assessment | $1,294,813 |
Property Taxes
Parcel Number
79230119571000
Land Assessment
$247,227
Improvements Assessment
$1,047,586
Total Assessment
$1,294,813
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